Property Detail
Location Address : 201 BANYAN RD
Municipality : PALM BEACH
Parcel Control Number : 50-43-43-26-00-002-0380
Subdivision :
Official Records Book/Page : 32253 / 1517
Sale Date : 02/24/2021
Legal Description : 26-43-43, E 97.84 FT OF S 175 FT OF N 927.5 FT OF S 1/2 OF GOV LT 2 W OF COUNTY RD
Owner Information
Owner(s) Mailing Address
201 BANYAN TRUST
LESTER LIPSCHUTZ TR
LESTER LIPSCHUTZ TR TITL HLDR
201 BANYAN RD
PALM BEACH FL 33480 4803
Sales Information
Sales Date Price OR Book/Page Sale Type Owner
02/24/2021 $7,630,000 32253 / 01517 WARRANTY DEED 201 BANYAN TRUST
07/20/2017 $10 29302 / 01861 QUIT CLAIM HAMM EDWARD H TRUST
05/08/2017 $9,000,000 29184 / 00331 DEED OF TRUST HAMM EDWARD HERSEY
10/17/2014 $10 27121 / 00373 WARRANTY DEED SIMMONS CAROL TRUST
05/11/2010 $1 23856 / 01194 WARRANTY DEED SIMMONS CAROL
05/08/2002 $3,950,000 13686 / 01342 WARRANTY DEED RATHBORNE CAROL SIMMONS
12/01/1989 $105,000 06307 / 01680 LIFE ESTATE
09/01/1989 $700,000 06221 / 01847 LIFE ESTATE
Exemption Information
No Exemption Information Available.
Property Information
Number of Units : 1
*Total Square Feet : 7581
Acres : .35
Property Use Code : 0100—SINGLE FAMILY
Zoning : R-A—ESTATE RESIDENTIAL (50-PALM BEACH)
Building Details

Structural Details

Structural Element for Building 1
Bldg Type EXC-LUX.RES
Exterior Wall 1 WSF: BRICK
Year Built 1932
Air Condition Desc. HTG & AC
Heat Type FORCED AIR DUCT
Heat Fuel ELECTRIC
Bed Rooms 6
Full Baths 7
Half Baths 1
Roof Structure GABLE/HIP
Roof Cover CONCRETE TILE
Interior Wall 1 PLASTER
Interior Wall 2 N/A
Floor Type 1 HARDWOOD
Floor Type 2 CARPETING
Stories 2

Subarea and Square Footage for Building 1
Code Description square Footage
FUS Finished Upper Story 320
FUS Finished Upper Story 2940
BAS Base Area 570
FOP Finished Open Porch 80
FOP Finished Open Porch 110
FOP Finished Open Porch 621
FGR Finished Garage 462
BAS Base Area 2478
Total Square Footage 7581
Area Under Air 6308
Sketch for Building 1
Building 1 Layout

Property Extra Feature

Description Year Built Units
Walkway-Concrete 1932 878
Wall 1932 1140
Pool - In-Ground 1932 1
Spa 2004 1

Property Land Details

Land Line # Description Zoning Acres
1 SFR R-A 0.3531
Appraisals
Tax Year 2025 2024 2023 2022 2021
Improvement Value $2,879,503 $3,027,800 $3,107,160 $2,019,347 $1,975,217
Land Value $9,552,222 $6,918,750 $5,867,100 $5,837,040 $3,960,000
Total Market Value $12,431,725 $9,946,550 $8,974,260 $7,856,387 $5,935,217
Assessed and Taxable Values
Tax Year 2025 2024 2023 2022 2021
Assessed Value $8,576,551 $8,334,841 $8,092,079 $7,856,387 $5,935,217
Exemption Amount $50,722 $50,000 $50,000 $50,000 $0
Taxable Value $8,525,829 $8,284,841 $8,042,079 $7,806,387 $5,935,217
Taxes
Tax Year 2025 2024 2023 2022 2021
AD VALOREM $126,948 $123,357 $120,894 $121,124 $96,300
NON AD VALOREM $207 $194 $188 $184 $178
TOTAL TAX $127,155 $123,551 $121,082 $121,308 $96,478
Dorothy Jacks, CFA, AAS  PALM BEACH COUNTY PROPERTY APPRAISER   www.pbcpao.gov